Offers of pledges
Source: Bloomberg News |
October 20, 2011, Thursday
|
Print Edition
Print Edition
BRIGHT Food Group, China's second-largest food company, received US$400 million in commitments for a US$315 million loan for its acquisition of a stake in Manassen Foods, a person familiar with the matter said yesterday.
Sumitomo Mitsui Banking Corp is the last bank joining the loan as a senior lender, committing US$50 million, said the person, asking not to be identified because the details are private. The total includes pledges from Australia & New Zealand Banking Group and National Australia Bank, the person said.
Sumitomo Mitsui Banking Corp is the last bank joining the loan as a senior lender, committing US$50 million, said the person, asking not to be identified because the details are private. The total includes pledges from Australia & New Zealand Banking Group and National Australia Bank, the person said.
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